Today 02:09 AM | ||
Decorum |
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Rule no.2 never forget rule no.1 |
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Today 02:08 AM | ||
Decorum |
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Without cheap labour, costs in SG will be astronomical |
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Today 12:25 AM | ||
Unregistered |
I can never understand how people can last more than 3 years in audit. Those 3 years in this industry is the lowest point of my life. I used to look quite decent, at least 7/10 on good days with a handful of suitors before I joined audit. But due to the lack of sleep and tremendous stress, my facial complexion is getting worse, size getting bigger and bigger from xs to xl. And not to forget to mention the irregularities of my period which fked up my hormones. I literally look and feel like sheet everyday. Imagine mid-20s looking worse than a wet market aunty. Glad I’m out of this sheet hole. No amount of increment can make me come back to this industry lol. |
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Today 12:19 AM | ||
Unregistered | For my batch, got a couple of A2 didn’t get promoted cus kena complained by client to partner. Then also got some unlucky ones kena engagements with tough seniors and managers who give poor rating so gg lo. | |
Yesterday 10:47 PM | ||
Unregistered |
The number of people they can promote depends on their budget. If they have too many seniors who are not leaving, they will have limited slots. whether you received complaints from your managers during round table discussions might also be a factor. |
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Yesterday 10:30 PM | ||
Unregistered | 1 batch usually how many ppl? | |
Yesterday 10:25 PM | ||
Unregistered | why did the 25% not get promoted? | |
Yesterday 10:09 PM | ||
Unregistered |
lol funny thing is, even those retain will get a salary uplift from the recent adjustment. but those people are still crap performers, essentially the cost/efficiency just decreased even further (the problem that they are trying to address). at this point big4 is just throwing pails of water on a forest fire. but should be thankful, MNC finance roles usually adjust salary after to stay competitive |
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Yesterday 10:04 PM | ||
Unregistered |
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i think you need to think about your salary goal and how fast you want to get there. if you want anything 12-14k in 10 years. i will say the best odds are to stay to SM3, outside would likely take longer, could be 15 years, 20 years, depends on your industry your own capability etc, of course could also be faster, i know guys who made it to PE or just manage to get hired as FC at immediately got a 30% raise. but of course these are minority cases. but you need to consider that "surviving" to SM3 is not exactly easy either, along the way some people fall off the curve also, but if you can, it is probably the fastest. but then making the switch from there is exponentially difficult because you are just branded as an auditor. if you ask me is commercial that much different from audit, the answer is no, because audit actually exposes you to a lot of things and all that gives you a nice varied skill set. but does your future employer know that? the answer is no also, in that 2 or 3 rounds of interview you will never be able to display your true value, and then you got people who are "tried and tested" people doing FP&A which is probably a better bet to your hiring manager. then the next consideration is can you make partner, if you can and you think audit is the career for you, then by all means stay. but if you cannot, then there is a real possiblity you are stuck as an SM3 with little to no exit opportunities and may have to take a pay cut. then you are suddenly behind the person who left early and now got the special "at least 10 years commerical experience with 3-4 years in big4", and these guys usually earn a decent sum. think long and hard, dont look back. but i mean of course if everything turns to ****, and if you were a decent staff, your manager/partner will hire you back in a heartbeat looking at the situation today... |
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Yesterday 10:03 PM | ||
Unregistered |
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Last year it was 75% promotion rate from a2 to s1. |
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